EIN 23-7221790

Greater Grand Rapids Chamber Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1972
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Greater Grand Rapids Chamber Foundation provides programming and funding that encourages free enterprise, enhances the quality of life in the greater Grand Rapids area, or otherwise serves a charitable, scientific, literary, or educational purpose. It received funding for GR Futures to further the work in inclusion and equity for minority businesses by creating minority business councils. The Foundation also coordinated an Opportunity For All campaign. Additionally, this year the program prepared for future years by doing some grant writing and other proposals.
Related structure
Greater Grand Rapids Chamber Foundation is a subordinate organization under Grand Rapids Area Chamber of Commerce.
Total revenues
$810,097
2023
Total expenses
$516,750
2023
Total assets
$3,558,754
2023
Num. employees
0
2023

Program areas at Greater Grand Rapids Chamber Foundation

Community Collaboration Initiative - This year, funding was used for an Ease of Doing Business Study and to support work around Public Safety.
Housing Next - The Foundation works to remove obstacles to increase the housing supply across Kent and Ottawa Counties through a focus on research, data-based solutions, tools for growth, technical assistance, and community will-building to increase supply.
Minority Business Development and Leadership- The Foundation built out a Center for Economic Inclusion to foster economic inclusion and help small businesses thrive with an intentional focus on diverse-owned businesses. The Foundation also distributed funds for 35 scholarships to cultivate community and organizational leaders.

Who funds Greater Grand Rapids Chamber Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Douglas and Maria Devos FoundationProject/program - Opportunity for All$6,185,000
Douglas and Maria Devos FoundationProject/program - Innovation Grant$59,500
Devos Family FoundationProject/program - Housing Next$50,000
...and 3 more grants received

Personnel at Greater Grand Rapids Chamber Foundation

NameTitleCompensation
Rick BakerDirector$0
Kate WezemanSenior Vice President of Finance and Operations
Andy JohnstonSenior Vice President of Advocacy and Strategic Engagement
Joshua LungerVice President of Government Affairs
Omar CuevasSenior Vice President of Investor and Corporate Relations
...and 28 more key personnel

Financials for Greater Grand Rapids Chamber Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$787,511
Program services$0
Investment income and dividends$25,918
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-6,942
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,610
Total revenues$810,097

Form 990s for Greater Grand Rapids Chamber Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-30990View PDF
2022-122023-06-13990View PDF
2021-122022-06-02990View PDF
2020-122021-08-09990View PDF
2019-122020-09-25990View PDF
...and 10 more Form 990s
Data update history
August 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 11, 2024
Updated personnel
Identified 4 new personnel
February 7, 2024
Updated personnel
Identified 19 new personnel
February 5, 2024
Updated personnel
Identified 14 new personnel
January 3, 2024
Received grants
Identified 6 new grant, including a grant for $1,982,500 from Douglas and Maria Devos Foundation
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Science and technologyCommunity improvementEconomic developmentBusiness and industry
Characteristics
Provides grantsPartially liquidatedFundraising eventsState / local levelReceives government fundingEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
250 Monroe Ave
Grand Rapids, MI 49503
Metro area
Grand Rapids-Kentwood, MI
County
Kent County, MI
Website URL
grandrapids.org/ 
Phone
(616) 771-0300
IRS details
EIN
23-7221790
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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